Reserve Bank of India has fixed the issue price for the fourth tranche of sovereign Gold bond at Rs 3,119 per gram of Gold. The rate was fixed based on the average of closing price of Gold of 999 purity for the week July 11 to 15, as published by the India Bullion and Jewellers Association Ltd, according to Reserve Bank of India (RBI).The first Gold bond issue under the Sovereign Gold Bond scheme will be issued on August 5 and can be purchased on both the BSE and the National Stock Exchange. Applications for the bonds would be accepted on July 18-22, they added.
Get full news here- RBI fixes Gold bond issue price at Rs 3119 per gram
